Reported 27 days ago
As U.S. Bancorp prepares for its first Investor Day in five years, there are rising expectations for insights into turning around its underperforming stock, which has only gained 3.4% this year. Analysts view the event as a chance for new executives to outline future strategies and potential leadership changes, particularly regarding President Gunjan Kedia, seen as a candidate for CEO. The bank recently announced an increase in dividends and a significant buyback program, setting a hopeful tone for investors.
Source: YAHOO